If you’re looking to purchase an exquisite timepiece at a low price, buying a pre-owned or used model is the ideal solution. Whilst often coming in mint condition – and appearing new to all intents and purposes – preowned watches come with far less of a cost premium.
Just like when buying a car, you can often widen up a larger range of both brand and model options by purchasing a watch second hand, despite there being no discernible difference in quality. What’s more, the craftsmanship that is used by luxury watchmakers is so precise that most high-end timepieces will run for literally years with no issues at all.
DEPRECIATION ON PRE-OWNED
Watches will lose most of their value when they pass from the status of “new” to “pre-owned”. After this period, however, most will settle in price, sustaining their pre-owned value. Although this is not the case for all watches (as some will still depreciate over time), many will hold their value and may even appreciate. This is often due to the release of newer models making them more sought-after and collectable.
At Global Watch Shop, we sell a range of highly collectible watches from some of the world’s most respected luxury brands. With models from Rolex, Audemars Piguet, Panerai, and many more world-renowned watchmakers available through our site, you’re sure to find a fantastic timepiece at a fraction of the original price. When buying through us, we’ll be happy to give our guidance on whether a watch is likely to retain or add to its value and help you select a timepiece which suits your specifications exactly.
As well as allowing access to some of the rarest and most excuisite watches on the market, GWS offer a range of finance options to our customers, making it easier than ever for you to afford the luxury watch of your choice. Many pre-owned and used watches become available when sellers upgrade to newer or more prestigious models, and if you are looking for something new, you may well want to go down the same route. This way, there’s no need to pay full price for a new watch when you do opt to upgrade.